1 min

BTC (4H)

Bitcoin returned to the trading range of $26 500 – $28 600, and support around $28 600 failed to resist the bears’ pressure. Judging by the fact that bitcoin for the third day continues to decline actively, in the near future, the asset must find support and form a reversal. This may happen at the level of $28 000, where bitcoin was consolidating before it went to $30 000.

The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.

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